Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5055319 | Economic Modelling | 2012 | 10 Pages |
Abstract
⺠The monetary transmission mechanism is investigated in Turkey. ⺠Threshold VAR (TVAR) model is used as a nonlinear estimation framework. ⺠Two different regimes are detected with a clear transition between them in April 2003. ⺠The response to macroeconomic shocks has changed after transition to post-reform regime.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
A. Nazif Ãatık, Christopher Martin,